West Ham United are reportedly ready to pull out of the race to sign Lazio midfielder Felipe Anderson.

The Hammers have been linked with a move for the Brazilian for the majority of the summer and are currently struggling to agree on a price for the winger as they will not match the £40m fee plus add-ons that the Serie A side are demanding.

Claudio Lotito, president of the Italian giants, stated earlier in the week that his club would only sell players if their demands are met.

"We have many players who are wanted in Europe and we need to sell them if we want to make new signings," he said on Monday afternoon.

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"If a player wants to leave he needs to agree on terms with Lazio. Whoever wants to sign a Lazio player must deal with our requests. Our players are only going to leave on our conditions. Clubs with no money can’t buy our players.

"Times have changed we are not colonies of other clubs, our players will only leave on our conditions."

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The Ukraine international only arrived at the Signal Iduna Park from Dynamo Kyiv last summer, but struggled to make much of an impact during his first season in Germany having netted six goals in 26 appearances across all competitions.

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